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Has Congress adopted the Muslims, asks Deve Gowda

News Network
April 29, 2018

Hassan, Apr 29: JD(S) supremo H D Deve Gowda has accused Congress of destroying ant-graft watchdog Lokayukta in Karnataka and claimed credit for establishing it.

Speaking to media persons here on Saturday, the former PM also accused the Congress of indulging in low level of politics and that the people would not believe in their manifesto.

"Unable to digest the rising popularity of the JD(S), the Congress is making false allegations like the JD(S) has made adjustments with the BJP so on, so forth," he said.

"You did nothing when in power for the farmers, daily wagers and the marginalised sections of the society. How can the people repose their faith on your manifesto," Gowda said, referring to the Congress manifesto, which was released on Friday.

"Siddaramaiah crows that he will continue as chief minister, Yeddyurappa claims that he will be the next chief minister. Let the people of the state decide who will be their chief minister," Gowda said.

"Siddaramaiah has Intelligence report. He decided to contest from Badami after the Intelligence report gave thumbs down for Chamundeshwari," he said.

To a query on Congress' Muslim vote bank, Gowda said, "Has Congress adopted the Muslims," he asked.

Party state president H D Kumaraswamy has fixed my tour itinerary. Accordingly, "I will campaign at 40 constituencies across the state. I will tour my home district for two days. We do not have star campaigners. BSP chief Mayawati, Telangana CM Chandrashekar Rao and Andhra CM Chandrababu Naidu have urged the voters in the state to vote the regional outfit to power," Gowda said.

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Mr Frank
 - 
Sunday, 29 Apr 2018

The name of your own party janatadal secular is itself indicates you and sons trying to adopt on basis of religion.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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coastaldigest.com news network
August 7,2020

Mangaluru, Aug 7: A youth died on the spot in a ghastly road mishap on Netravati Bridge near Thokkottu on the outskirts of the city today evening.

Police sources said that the face of the youth, who was riding a motorbike, has been damaged beyond recognition. He died on the spot. 

More details about the mishap are yet to be known. A case has been registered at Mangaluru Traffic police station.

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News Network
January 18,2020

Bengaluru, Jan 18: The Karnataka state government has reportedly initiated the process to ban organizations like Popular Front of India (PFI).

State Home Minister Basavaraj Bommai on Friday evening said that instructions have been given to the police and officers concerned to gather information about the activities of such organisations so that necessary inputs can be sent to the Center.

He made it clear that the action would not be limited against PFI and SDFI (Social Democratic Front of India), rather any organisation which is involved in such activities, would meet the same fate.

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